DGCA may bar Jet from accepting advance bookings

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Aviation regulator DGCA may bar beleaguered carrier Jet Airways from taking advance bookings beyond a particular period amid a drastically reduced capacity and massive flight cancellations, an official said on Thursday.

Mumbai:

As per the official, Jet Airways has been flying only 61 of the 116 planes it has in the fleet, forcing it to cancel as much as 45 per cent of its total flights per day.

Jet Airways operates over 600 flights within Indian and overseas. “We may ask Jet Airways not to accept forward bookings beyond a particular period,” a senior DGCA official said on Thursday. The comments came in the wake of the full-service carrier announcing on its website sale at starting all-inclusive fares of Rs 1,165 for travel to 37 domestic destinations with one-year travel period validity under a discount scheme.

Etihad loses $1.28 bn in 2018

Etihad Airways reported its third consecutive annual loss despite finding cost savings of nearly half a billion dollars as it cut its workforce and fleet. The airline blamed challenging market conditions including higher fuel prices for a $1.28 billion loss in 2018.